Pepe Jeans

Type
Reshoring
Country
Spain
Reshoring from
France
Reshored business function
Administration
Region
Location of affected unit(s)
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
14 - Manufacture of wearing apparel
14 - Manufacture of wearing apparel
No information on job gains number available
Announcement Date
2 December 2016
Employment effect (start)
1 November 2016
Foreseen end date
1 December 2017

Description

Façonnable is a French brand of wearing clothes. Spanish company Pepe Jeans acquired this brand in early November 2016, this acquisition aimed to deliver synergies between these two companies. After acquisition,  French brand Façonnable plans to close its headquarter located in  Côte d'Azur.The administrative and marketing teams of Façonnable are relocated from France to Barcelona, Spain by Pepe Jeans. The news confirmed that this decision reduced its workforce by cutting 78 jobs in France, no data is disclosed about any increasing of jobs in Spain as of press time.

Sources

Citation

Eurofound (2016), Pepe Jeans, Reshoring in Spain, factsheet number 145, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/145.